Senior Director, Pension and Insurance Risk

## Senior Director, Pension and Insurance Risk Apply locations:
Toronto, ONtime type:
Full time posted on:
Posted Todaytime left to apply:
End Date:
June 18, 2026 (13 days left to apply) job requisition :
2611230

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered  team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit
** What you'll be doing
** Risk Management plays an important role in supporting CIBC’s core purpose by providing independent oversight of risk across the bank’s transactions and activities. As the Senior Director, Pension & Insurance Risk, you’ll lead independent second-line oversight across pension and insurance risk, bringing together actuarial, investment, and governance expertise to support sound risk management and decision-making. You’ll oversee risk monitoring, stress testing, reporting, and effective challenge across CIBC’s pension plans and insurance business, while escalating material issues to senior management and relevant committees as needed.

In this role, you’ll help promote transparency in risk-return decisions, support the development and oversight of risk frameworks and limits, and provide insight on regulatory developments and emerging risks. You’ll also work closely with partners across Risk Management, Insurance, Finance, Treasury, Human Resources, CIBC Global Asset Management, and external advisors. As a leader, you’ll build team capability, foster an inclusive and high-performing environment, and align your team’s priorities to broader business objectives.
* At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 2-3 days per week on-site, while other days will be remote.
*** How you'll succeed**
* ** Lead risk oversight
- ** Provide independent second-line oversight and effective challenge across pension and insurance risk, including actuarial, investment strategies, capital, pricing, asset-liability management, and regulatory considerations.
* ** Drive monitoring and reporting
- ** Oversee risk modelling, stress testing, ongoing monitoring, and reporting activities, and escalate material issues and emerging concerns to senior management and relevant committees in a timely manner.
* ** Strengthen risk frameworks
- ** Develop, enhance, and maintain risk frameworks, limits, and governance practices that support transparency and balanced risk-return decision-making across pension and insurance activities.
* ** Influence strategic decisions
- ** Participate in business initiatives and committee discussions by providing independent review, effective challenge, and clear risk perspectives on key decisions affecting CIBC’s pension plans and insurance business.
* ** Build strong partnerships
- ** Collaborate with internal partners including Insurance, Finance, Treasury, Human Resources, CIBC Global Asset Management, and external actuaries and investment consultants to support effective oversight and integrated risk management.
* ** Lead people and performance
- ** Build an engaged, accountable, and high-performing team through clear direction, coaching, development opportunities, timely feedback, and a workplace culture grounded in CIBC’s mission, vision, and values.
** Who you are**
* ** You bring deep actuarial and risk expertise.
** You have significant experience in insurance, pensions, actuarial science, or risk management, with a strong understanding of risk oversight, financial markets, and investment strategies.
* ** You can simplify complexity.
** You’re able to assess highly technical issues and communicate complex information clearly and effectively to a range of audiences, including senior leaders and committees.
* ** You’re a strategic thinker.
** You connect related issues, identify emerging risks, and apply an enterprise-wide perspective to…